Ann: Global Distribution Partnership Secured in Brazil, page-70

Still here Frank, realised that I was posting WAY too much, induced a bit of confirmation bias (and was encouraging my own buying regardless of what was happening), macro picture has been and still is ugly. I admit to selling a few (never thought we'd go sub 70 cents again!) - mainly because I was way over exposed and need some funds soon - I have a decent core holding that won't be going anywhere, I'm so convinced that AJX has great prospects that the only way I see it failing in the long term is a total global meltdown or other low probability event - if that comes to pass I think the financial fall out will be the least of my worries! Much happier now that I'm only exposed to the degree that I can truly afford to lose it.

The way I see it there are many sitting on huge profits who are/have been happy to take some off the table and chance a trade back for a lower price or who are just happy to wait for the global picture to become clearer. I also think AJX is still a few quarters from the financials being undeniable, current levels could represent amazing buying or just a bit more distribution before a real bottom searching exercise begins - if the US markets tank to levels of support suggested by some observers there's every chance of a broad based sell off, particularly in speculative stocks - if that happens I'll be buying more where possible.

Looking forward to announcements, only expecting fireworks in the second half of the year but happy to be proven wrong!